COSCO Shipping Specialized Carriers disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 1.279 billion and 1.402 billion yuan, a year-on-year increase of 55% to 70%. Deducted non-recurring net profit is expected to be between 1.211 billion and 1.336 billion yuan, a year-on-year increase of 45% to 60%. The company stated that the global seaborne trade supply and demand pattern has improved, with demand in the specialized carrier market surging in the second quarter, tightening capacity, and freight rates continuing to rise. The company seized market opportunities, leading to year-on-year increases in shipping business revenue, gross profit, and time charter levels.
COSCO SHIPPING Specialized Carriers Co LtdCompany expects 55-70% net profit rise due to surging demand in specialized carrier market and rising freight rates.